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2019/20 Undergraduate Module Catalogue

LUBS1295 Economics and Global History

10 creditsClass Size: 350

Module manager: Dr. Quentin Outram

Taught: Semester 1 View Timetable

Year running 2019/20

Pre-requisite qualifications

To be eligible to study LUBS1295 students must be studying one of the following co-requisite modules:


LUBS1940Economics for Management
LUBS1951Economic Theory and Applications

This module is not approved as a discovery module


This module aims to provide an introduction to analytical global economic history and teach some of the 'lessons of history', It aims to give students a sense of perspective when studying a variety of modern economies across the world, both developed and undeveloped. It also introduces and applies via the study of global history, economic concepts, theories and reasoning.

Learning outcomes
Upon completion of this module students will be able to:
- Describe, relate and state selected topics of global economic history; the institutions of pre-capitalist and capitalist economies and the problems and performance of those institutions in various historical periods
- Analyse historical trends and major events influencing the trajectory of economic development
- Begin to achieve technical accuracy in written expression

Skills outcomes
Upon completion of this module students will be able to:
- Communicate through oral presentation
- Apply critical thinking in the context of research

Subject specific
- Analyse economic development and apply economic theory within the context of a specific historical period


Indicative content
(1) The Problem: Rich and Poor in the World Economy
(2) The Stone Age: Poverty or Affluence?
(3) Property Rights (Native Americans and European Colonists)
(4) People and Natural Resources (Tokugawa Japan)
(5) Landlord and Peasant (Western Europe and Ethiopia)
(6) The First Globalization (Spain and Portugal)
(7) The First Industrial Revolution (England)
(8) The First Industrial Revolution: The Factory
(9) The First Industrial Revolution: Wage Labour
(10) Robberies, Gifts and Exchanges. Markets and Money
(11) European Colonialism (Sarawak and Labuan, Britain and India)
(12) Banks and Financial Crises (Medieval Italy, twentieth century USA, Austria, Germany)
(13) The Second Globalization
(14) So Why is Africa So Poor?

Teaching methods

Delivery typeNumberLength hoursStudent hours
Drop-in Session31.003.00
Private study hours78.00
Total Contact hours22.00
Total hours (100hr per 10 credits)100.00

Private study

Classes will be split into 4 or 5 groups. Each group will be asked to consider an analytical question and / or a text and present their conclusions to the rest of the class, inviting and answering questions.

Opportunities for Formative Feedback

Further feedback will be provided on the group work in classes. Class participation will be awarded marks. An MCQ will test knowledge of history and relevant economic theory and will provide feedback in the form of reasons why the correct answers are right and the distractors are wrong.

Methods of assessment

Assessment typeNotes% of formal assessment
Essay2,000 words80.00
Tutorial PerformanceThese marks will only count towards the overall mark for the module if they are better than the (weighted) average mark for the Essay and the MCQ Examination.10.00
Total percentage (Assessment Coursework)90.00

The resit for this module will be 100% by 2,000 word coursework.

Exam typeExam duration% of formal assessment
Standard exam (closed essays, MCQs etc) (S1)0 hr 40 mins10.00
Total percentage (Assessment Exams)10.00

The resit for this module will be 100% by 2,000 word coursework.

Reading list

The reading list is available from the Library website

Last updated: 20/08/2019


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